Ken Tumin founded the Bank Deals Blog in 2005 and has been passionately covering the best deposit deals ever since. He is frequently referenced by The New York Times, The Wall Street Journal, and other publications as a top expert, but he is first and foremost a fellow deal seeker and member of the wonderful community of savers that frequents DepositAccounts.

Liberty First Credit Union (Liberty First CU) has increased both the rate and the balance cap on its Kasasa Cash, which now earns 4.00% APY on qualifying balances up to $40k. Qualifying balances over $40k earn 0.15% APY, with all non-qualifying balances still earning 0.05% APY.

The Kasasa Cash was added to the product line in July 2014, with an initial 2.50% APY...

Now through January 31, 2019, Greenville Heritage Federal Credit Union (GHFCU) is offering a 15-month CD Special, which earns 3.299% APY. This limited-time offer can be opened with a $1k minimum deposit and there is no stated balance cap.

While the 15-month CD Special is advertised through the end of January, the fine print on the promotion page also states,

As stated on the Truth-in-Savings disclosure, the Early Withdrawal Penalty reads...

Michigan-based The State Bank is offering a nationally available Kasasa Cash Checking, which earns 2.50% APY on qualifying balances up to $50k. Qualifying balances of $50k+ earn 0.15% APY, with non-qualifying balances earning 0.05% APY. The Kasasa Cash Checking account can be opened with a $25 minimum deposit.

Availability: Residents of three Tennessee, two Mississippi, and two Arkansas counties, all located in the greater Memphis metropolitan area; 40+ SEGs.

It’s been more than two years since I last wrote about Orion Federal Credit Union’s (Orion FCU) Premier Checking account which is a high-yield reward checking account. At that time, qualifying balances up to $20k earned 3.00% APY. Orion FCU has raised the rate to 4.00% APY and increased the qualifying balance cap to $30k....

Virginia-based MainStreet Bank raised the rates on all its CDs today. Following an increase of 80 bps, the 3-year CD (3.25% APY) is currently the most competitive CD in the product line. Any MainStreet Bank CD can be opened with a $500 minimum deposit, and there are no stated balance caps.

As stated in the Personal Fee Schedule, the Early Withdrawal Penalty for the 3-year CD reads as follows:

UPDATE 12/17/18: Robinhood is no longer listing its Checking & Savings products. The founders provided a letter on Robinhood's blog explaining this change. Here's an excerpt:

The brokerage firm Robinhood has started promoting its new “Checking & Savings” with a 3% interest rate. News of these accounts has been grabbing savers’ attention with what appears to be checking and savings accounts that offer 3%.

It’s Not a Bank Account

The first important thing to note is that these are brokerage accounts and not bank accounts. There is no FDIC coverage. One of Robinhood’s...

Availability: Residents of six North Central Texas counties and one Concho Valley county.

Texas Trust Credit Union (Texas Trust) recently increased the rate on its Power Checking account from 1.00% APY to 3.00% APY on qualifying balances between $5k and $100k. Balances below $5k and about $100k do not earn any interest. The minimum opening deposit is $5k.

Other than maintaining a minimum $5k balance, the only other monthly requirement to...